Infosys (INFY) Stock Forecast & Price Target

Infosys
Bear Case

Investors should be bearish about investing in Infosys Limited for these reasons:

• Infosys Limited recently missed analyst expectations for both earnings per share and revenue in its latest quarterly report, reporting $0.20 EPS against a consensus of $0.21 and revenue of $4.99 billion against an estimate of $5.08 billion.
• The company has received a consensus rating of "Reduce" from analysts, with recent downgrades from firms like CLSA and price target cuts from JPMorgan Chase and TD Cowen, reflecting a negative outlook on near-term performance.
• IT stocks, including Infosys Limited, have faced significant selling pressure due to concerns over H-1B visa fee hikes, which could impact the company's ability to deploy talent and manage operational costs in the US market.
• Short interest in Infosys Limited has been notable, with over 130 million shares shorted as of the most recent record date, indicating that a significant portion of the market is betting against the stock's price appreciation.
• The stock has experienced a prolonged downtrend, crossing below its 50-day and 200-day moving averages multiple times in 2026, signaling persistent bearish momentum and lack of near-term support.